DeFi（Decentralized Finance，去中心化金融），又称Open Finance，是构建在区块链（主要为以太坊）上的开放式金融协议系统，旨在通过智能合约实现无需许可、无需中介的金融服务，让全球任何人都能随时随地参与借贷、交易、储蓄、投资等金融活动。主要分类包括：去中心化交易所（DEX）、稳定币（Stablecoin）、借贷协议（Lending）、资产管理（Asset Management）等。 【成长历程】2017-2018年，MakerDAO推出DAI稳定币，奠定DeFi基础；2019年，Compound协议上线，开启借贷赛道；2020年上半年，Compound推出流动性挖矿（Yield Farming），引爆「DeFi Summer」浪潮，各协议TVL迅速增长；2021年，Uniswap、Aave、Curve等头部协议快速发展，跨链DeFi生态开始涌现（如Solana、Polygon、BNB Chain）；2022-2023年，经历Terra/FTX等事件后DeFi进入调整与合规探索期；2023-2025年，RWA（现实世界资产）代币化、Restaking（再质押）等新叙事推动DeFi进入第二波增长，TVL多次突破千亿美元级别。 【主要成就】截至2025年，DeFi总锁仓价值（TVL）曾多次突破2000亿美元；Uniswap累计交易额超3万亿美元；MakerDAO成为最大的去中心化稳定币发行方之一，DAI市值超百亿美元；Aave管理贷款超百亿美元；去中心化稳定币总市值超300亿美元；DeFi协议催生了完全无需银行中介的全球化金融体系，推动了智能合约、AMM（自动做市商）、闪电贷等创新技术的发展，被视为Web3金融基础设施的核心组成部分。
| # | 名称 | 价格 | 24h涨跌 | 24h 成交额 | 市值 | 7日走势 |
|---|---|---|---|---|---|---|
| 1 |
 0x协议ZRX
|
$0.09519 | -4.81% | $253.70万 | $8,067.32万 | |
| 2 |
 1inch Token1INCH
|
$0.078703 | -9.92% | $774.24万 | $8,100.37万 | |
| 3 |
 AaveAAVE
|
$126.37 | -3.88% | $3.19亿 | $19.48亿 | |
| 4 |
 AirSwapAST
|
$0.00463 | -5.51% | $2.24万 | $69.45万 | |
| 5 |
 StellaALPHA
|
$0.000385 | -9.15% | $8,694.50 | $30.72万 | |
| 6 |
 American Express Tokenized Stock (Ondo)AXPON
|
$326.69 | +1.17% | $24.40万 | $89.30万 | |
| 7 |
 Amgen Tokenized Stock (Ondo)AMGNON
|
$478.91 | +1.35% | $25.22万 | $6.49万 | |
| 8 |
 AmpleforthAMPL
|
$0.0 | 0% | $0 | $0.0 | |
| 9 |
 Analog Devices Tokenized Stock (Ondo)ADION
|
$432.59 | +0.78% | $25.22万 | $1,808.23 | |
| 10 |
 Anchor ProtocolANC
|
$0.0 | 0% | $0 | $0.0 | |
| 11 |
 阿拉贡ANT
|
$0.0961 | -4.17% | $0.16 | $380.73万 | |
| 12 |
 Atlas DEXATLASDEX
|
$0.04093 | -7.06% | $2.32万 | $250.17万 | |
| 13 |
 AutoLayerLAY3R
|
$0.0 | 0% | $0 | $0.0 | |
| 14 |
 AvalancheAVAX
|
$8.5749 | -2.41% | $2.00亿 | $37.02亿 | |
| 15 |
 AWE NetworkAWE
|
$0.069752 | +2.56% | $114.21万 | $1.35亿 | |
| 16 |
 BabylonBABY
|
$0.012379 | -11.12% | $492.30万 | $2,839.79万 | |
| 17 |
 面包BAKE
|
$0.000332 | -8.0% | $30.72 | $6.43万 | |
| 18 |
 BalancerBAL
|
$0.122 | -0.49% | $9.94万 | $84.71万 | |
| 19 |
 BancorBNT
|
$0.2854 | -3.32% | $60.49万 | $7,854.55万 | |
| 20 |
 半岛协议BAND
|
$0.1961 | -6.08% | $42.82万 | $690.11万 | |
| 21 |
 比原链BTM
|
$0.0 | 0% | $0 | $0.0 | |
| 22 |
 bZx ProtocolBZRX
|
$0.0 | 0% | $0 | $0.0 | |
| 23 |
 Capital One Tokenized Stock (Ondo)COFON
|
$0.0 | 0% | $0 | $0.0 | |
| 24 |
 ChainLinkLINK
|
$11.1112 | -4.01% | $4.44亿 | $83.12亿 | |
| 25 |
 CHIPCHIP
|
$0.0423 | -11.57% | $18.36 | $8,466.00万 | |
| 26 |
 Common WealthWLTH
|
$0.0 | 0% | $0 | $0 | |
| 27 |
 CompoundCOMP
|
$20.1121 | -6.31% | $1,352.67万 | $1.57亿 | |
| 28 |
 ConcreteCT
|
$0.1295 | -14.46% | $1,817.13万 | $1.29亿 | |
| 29 |
 Convex FinanceCVX
|
$1.8126 | -17.73% | $1,389.67万 | $1.43亿 | |
| 30 |
 玉米CORN
|
$0.02462 | +0.04% | $1.27万 | $0 | |
| 31 |
 CreamCREAM
|
$0.4698 | -3.51% | $562.30 | $28.96万 | |
| 32 |
 CurveCRV
|
$0.2737 | -16.73% | $5,895.42万 | $4.19亿 | |
| 33 |
 Dai StablecoinDAI
|
$0.9995 | -0.01% | $56.13万 | $46.44亿 | |
| 34 |
 deBridgeDBR
|
$0.013507 | -4.45% | $568.22万 | $1,579.17万 | |
| 35 |
 DeFi LandDEFILAND
|
$0.00000832 | +0.48% | $7.75 | $5.94万 | |
| 36 |
 DefiBoxBOX
|
$0.0194 | -9.15% | $2.50万 | $5.64万 | |
| 37 |
 Dego FinanceDEGO
|
$0.003044 | -1.39% | $1.10万 | $4.31万 | |
| 38 |
 Dexe.networkDEXE
|
$1.4782 | -7.19% | $641.07万 | $1.24亿 | |
| 39 |
 DexlabXLAB
|
$0.0 | 0% | $0 | $0 | |
| 40 |
 dForceDF
|
$0.0 | 0% | $0 | $0.0 | |
| 41 |
 DIADIA
|
$0.1328 | -2.99% | $47.67万 | $1,070.04万 | |
| 42 |
 Disney Tokenized Stock (Ondo)DISON
|
$112.37 | +1.39% | $24.82万 | $98.95万 | |
| 43 |
 Dives DefiDDF
|
$0.0 | 0% | $0 | $0.0 | |
| 44 |
 DMGDMG
|
$0.0 | 0% | $0 | $0 | |
| 45 |
 DODO TokenDODO
|
$0.023452 | -5.04% | $663.66万 | $1,032.66万 | |
| 46 |
 Drops Ownership PowerDROPS
|
$0.0 | 0% | $0 | $0.0 | |
| 47 |
 dYdXDYDX
|
$0.1051 | -3.58% | $901.70万 | $1,931.38万 | |
| 48 |
 Equinix Tokenized Stock (Ondo)EQIXON
|
$1,059.45 | +2.08% | $24.94万 | $169.22万 | |
| 49 |
 AaveLEND
|
$0.0 | 0% | $0 | $0.0 | |
| 50 |
 FILDAFILDA
|
$0.0 | 0% | $0 | $0.0 |
